Trade Alert: CY

By Stephen Leeb • January 23, 2018

Sell Cypress Semiconductor (NASDAQ: CY).

Sell and take the gain in the CY. We will have more details in tomorrow’s update.

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Paul

01/23/18 ‐ 12:52pm ET January 23, 2018 at 12:52pm ET

sold CY at market price

George McMillion

01/23/18 ‐ 12:52pm ET January 23, 2018 at 12:52pm ET

Just sold for $17.84, looks like a nice 7.5% profit in just 9 trading days.
Thank you.

Victor

01/23/18 ‐ 1:12pm ET January 23, 2018 at 1:12pm ET

sold @ $17.83

Stanley

01/23/18 ‐ 3:08pm ET January 23, 2018 at 3:08pm ET

CY sold 17.83 @ Fidelity

Victor

01/25/18 ‐ 9:11pm ET January 25, 2018 at 9:11pm ET

Any update on why we sold. I do see CY is still in SW portfolio

Scott Chan

01/26/18 ‐ 10:56am ET January 26, 2018 at 10:56am ET

Dear Victor,

The reason we bought CY in the first place is that we expected to make some quick gains on the stock. It happened and we were happy to take the profit off the table. We were fortunate to sell the stock right before the recent pullback.

It wasn’t any kind of knock against the stock. It was strictly a trade. We still like CY quite a bit and we could add it back to the portfolio in the near future.

Aggressive Trader and Systemic Wealth are run by two different analysts. Both Steve and Jim like CY. It’s just their timing and trading strategy aren’t the same.

Gary Vogt

01/26/18 ‐ 11:54am ET January 26, 2018 at 11:54am ET

Why are PVG and DESP Pot 2 and Pot 3 trades when there is no active trade in Pot 1.

Scott Chan

01/26/18 ‐ 12:19pm ET January 26, 2018 at 12:19pm ET

Dear Gary,

Pot 1 is generally reserved for indicator-driven ETF option trades.

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About The Author

Stephen Leeb

Bio | Archive

Stephen Leeb, Ph.D. is the Chief Investment Strategist of The Complete Investor and Real World Investing.

Dr. Leeb’s books have been notable for predicting the secular bull market that started in the 1980s (Getting in on the Ground Floor, Putnam, 1986); the tech stock crash and rise of real assets, including oil and gold (Defying the Market: Profiting in the Turbulent Post-Technology Market Boom, McGraw-Hill, 1999); and the surge in oil prices (The Oil Factor: Protect Yourself and Profit from the Coming Energy Crisis, Warner Books, 2004). His national bestseller, The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel (Warner Books, 2006), co-authored with Glen Strathy, outlined the biggest challenges facing the US economy, and accurately predicted the 2008 sub prime mortgage crisis as well as the vicious subsequent economic cycle requiring massive infusions of government stimulus, near zero interest rates and much higher federal debt levels. Game Over: How You Can Prosper in a Shattered Economy (Business Plus, 2009) predicted a permanent peak in global commodity production. Dr. Leeb’s eighth and latest book, Red Alert (Hachette, 2011), outlined China’s growing prosperity and the ways in which its demands on increasingly scarce resources threaten the American way of life.

Among his many speaking engagements, he has been the keynote speaker at both a JPMorgan Chase energy conference and a Royal Bank of Canada commodities conference.

Dr. Leeb received his bachelor’s degree in Economics from the University of Pennsylvania’s Wharton School of Business. He then earned his master’s degree in Mathematics and Ph.D. in Psychology from the University of Illinois in just three years, an academic record that stands to date. He is frequently quoted in the financial media, including Investors Business Daily, USA Today, Business Week, The New York Times, NPR and The Wall Street Journal. In addition, Dr. Leeb is a regular guest on Fox News, Bloomberg, CNN and Neil Cavuto.